Turn Key investment opportunity in the heart of the River District, downtown Owen Sound! Solid 3 storey red brick building featuring a gorgeous renovated 2 bedroom main floor apartment and a 5 bedroom upper unit. Sweeping views of the River and Inner Harbour just across the 10th St bridge add to the appeal. A long time tenant operates a successful hair salon in the self contained commercial space at the rear. This building is economical to operate and the rents are well stabilized, never a problem keeping it fully rented. It sports a generous 6.5% CAP rate, making this a great addition to your portfolio. This property is well positioned in a quickly emerging downtown setting. Ideal for owner occupied or STA. Private viewings available now. Seller may consider a small VTB (id:24093)

"Based on information submitted to CREA as of March 27, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

Sidebar Fav/

Property Details of 982 1St Avenue West

Property Details

Basic Information

Property

Location

Interior Features

Beds/Baths

Utilities and Appliances

Utilities and Appliances

Map Location

Never Miss New Listings

Success!

Hi there! How can we help you?

Sidebar Fav/

Success!

Hi there! How can we help you?

Property Details of 982 1St Avenue West

Property Details

Basic Information

Property

Location

Interior Features

Beds/Baths

Utilities and Appliances

Utilities and Appliances

Map Location

Never Miss New Listings

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?